Yearly Archives: 2009

A.G. Van Hollen, Mayor Barrett, Marquette University Law School Dean Kearney Announce Grant For...

MILWAUKEE, WI - May 26, 2009 - (RealEstateRama) — Wisconsin Attorney General J.B. Van Hollen and Milwaukee Mayor Tom Barrett will join Marquette University Law School Dean Joseph D. Kearney tomorrow for a press conference to announce the Attorney General’s grant award to support a mortgage foreclosure mediation program in Milwaukee and throughout the state.

Wisconsin Home Sales and Prices Fall

MADISON, WI - May 13, 2009 - (RealEstateRama) — Wisconsin home sales and median prices both fell in the first quarter of 2009 compared to that same quarter last year according to data just released by the Wisconsin REALTORS® Association (WRA). The lingering national recession caused unemployment in Wisconsin to increase significantly during the first three months of the year, resulting in the housing market drop, according tot he WRA. "The housing market doesn't operate in a vacuum," said Michael Mulleady, Chairman of the Board of the WRA.

Five Charged in $14 Million Mortgage Fraud Scheme

Milwaukee, WI - May 7, 2009 - (RealEstateRama) — Acting United States Attorney Michelle L. Jacobs announced today that a federal grand jury in the Eastern District of Wisconsin returned a twenty four count indictment charging five people with wire fraud and money laundering in connection with a mortgage fraud scheme.

Rep. Kind Announces Federal Funding for District Rural Development Projects

WASHINGTON, DC - April 23, 2009 - (RealEstateRama) — U.S. Rep. Ron Kind (D-WI) today announced that the Village of Cazenovia, Juneau and Sauk counties, and Monroe County Shelter Care have all received grants from the United States Department of Agriculture under the Rural Development Program.

Central States Mortgage files for receivership

MILWAUKEE, Wis. - March 31, 2009 - (RealEstateRama) — Central States Mortgage Co., which provided mortgage services to more than 250 credit unions, has filed for receivership and plans to liquidate its assets.

Central States Mortgage suspends operations

WAUWATOSA, WI - March 10, 2009 - (RealEstateRama) — CSMC Inc., a Wisconsin-based mortgage broker doing business as Central States Mortgage (CSM), suspended operations Monday, the company announced.

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Attorney General J.B. Van Hollen Announces National Mortgage Settlement Relief Exceeds...

Attorney General J.B. Van Hollen announced today that Wisconsin borrowers received $23.5 million in mortgage loan-related relief in the first quarter of 2013 under the National Mortgage Settlement. Adding to previously announced totals, 3,516 Wisconsin borrowers have now claimed $167,183,021 in loan-related relief. In addition, 106 Wisconsin borrowers are in trial mortgage modifications, which will add $8 million to the State’s relief in coming months – raising the projected total to more than $175 million statewide so far.

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The Boulder Group Arranges Sale of Single Tenant Net Leased Shopko

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Shopko property located at 320 South Access Road in Rice Lake, Wisconsin for $6,378,560.